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has reiterated its adherence to t

Taiwan, Ti

ver flow like China's Yangtze River and M▓yanmar Irrawaddy River. ( The opinions expressed here do not necessarily r▓eflect the opinions of Panview▓ or CCTV.com. )  Panview offers an alternative angle on China and t▓he re

st of the world through the▓ analyses and opinions of experts. We also welcome outside submissions, so fee▓l free to send in

bet, a is an example of a nd Xin caption with jiang.Th.

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your own editorials to "globalopinion@vip.cntv.cn" for consideration. Please scan the QR Code to follow us on InstagramPlease scan the QR Code to follow us on WechatNews Anal▓ysis: Shenzhen-HK connect big st▓ep for China's global ambitionsNews Analysis: Shenzhen-HK conn

ve agreed to

ect big step for China's gl▓obal ambitionsNews Analysis: Shen▓zhen-HK connect big step for China's global ambitions08-17-2016 21:49 BJTBEIJING, Aug. 17 ▓(Xinhua) -- Betting on the future of China's stock▓ market, Eddie Tam set up a Shenzhe▓n branch of his Hong Kong-based hedge fu▓nd six years ag

strengthen cooperation

o. Now he hopes ▓a stock market link between Hong Kong and Shenzhen will bring him rewards.The Shenzhen-HK Stock Connect has been approved by China's State Council and is expected to start trading in about four months once preparations are completed, an official statemen

on▓ peace a

nd stability i

n border a

t said Tuesday.Investors on the two sides will then be able to trade selected stocks on each other's exchanges. A similar link between the Shanghai and Hong Kong bourses was launched in November 2014.Tam, chief executive officer of Central Asset Investments, said he▓ is looking forward to the launch. ▓His fund has already launched several yuan-denominated products t

reas. Beijing ba

hat invest in A sha▓res and Hong Kong-listed shares."Foreign capital will have easier access to China's domes▓tic market, and Hong Kong investors can benefit even if they don't buy A shares as the capital inflow from the mainland w▓ill push up prices of Hong Kong's small and mid-cap stocks," he said.Encouraged by the new program, the Shenzhen Compon

cks Yangon's e

ent Index edged ▓up 0.07 percent on Wednesday. Hong▓ Kong's Hang Seng index closed down 0.48 percent ▓despite opening higher in the morning.Alt▓hough the immediate influence on the A share market will be limited due to China's capital ac▓count control, the stock trading link marks major progress in the internation▓alization of China's financial market in

fforts to achi

the long run, analysts said.Before the Shanghai-HK and Shenzhen-HK stock links were approved, cross-border investment in the equit▓y market was only allowed under a series of projects with high thresholds and tough restrictions, such as QDII and QFII."The roll-out of the Shenzhen-HK Stock Connect after the Shanghai-Hong Kong stock link marks anot

eve▓ domestic peace and nat

her concrete step for China's capital market in becoming more law-based, market-oriente▓d and global," Chinese Premier Li Keqiang said.Lin Caiyi, chief econom▓ist with Guotai Junan Securities, said trading links with Hong Kong will not ▓be the whole story in the opening up of China's capital market. "Hong Kong is still too small for the opening Chinese market,

ional reconc

which will ult▓imately be connected to the wh▓ole world," Lin said.Securities regulators canc▓eled the aggregate quota for the new program, but put the same caps on daily transaction volume as the Shanghai-HK mechanism, which amount to 13 billion yuan (1.96 billion U.S. dollars) for northbound ▓investment and 10.5 billion yuan for trading Hong Kong-listed shares.HSBC

iliation th

rough political

gage in mutu

ally benef

analyst Sun Yu said the removal of ▓an aggregate quota will allow more overseas capital in and help prompt global equity indexes provider MSCI to include A shares in its▓ emerging markets index as early as▓ the end of this year.MSCI announced its decision to delay the inclusion as it hopes for "further improvements in ▓the accessibility of the China A-shares market" in June.The new stock connect▓ program will help the global expansion of the yuan, the Chinese currency, a▓lso known as the renminbi (RMB)."T

icial cooperation

he new▓ program will facilitate cross-border ▓renminbi flow and step up the currency in its efforts to go global," Hang ▓Seng Bank's vice chairman and chief executive Rose Lee Wai-mun said▓.Hong Kong serves as an international financia▓l center and major offshore yuan hub, and the internationalization of t▓he yuan as a global investment curre

fields of t

ncy▓ will reinforce the position.China has vigorous▓ly promoted global use of the RMB as the world's largest trading nation looks to lower transaction costs in international trade, which currently is mostly set▓tled in U.S. dollar.Last year, the IMF decided to add the RMB to its Special D▓ra

rade, agricult

wing Rights (SDR) currency bas▓ket, making it one of the five reserv▓e currencies fully endorsed by the 188-member organization.The People's Bank of China's latest report showed that by the end of 2015, the RMB had become the third most-used currency in cross-border trade and financing. It was in fifth place among

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    all currencies for use in

    international payments and forei

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    gn exchange trading.Tam expect

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    ties brought by the libera

    lization of the

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    yuan's capital account in th

    e future."

o hospitals

in citie

esignated by the P▓hilippines, four were appointed by Shunji Yanai, former president of the International Tribunal for the Law of the Sea (ITLOS).News Analysis: Shunji Yanai, ▓manipulator behind illegal South China Sea▓ arbitrationNews Analysis: Shunj▓i Yanai, manipulator behind illegal South China Sea arbitration07-17-2016 1▓4:40 BJTTOKYO, July 17 (Xinhua) -- Of the▓ illegal five-member arb

s of Yangon

itral trib▓unal on the South China Sea case, except f▓or one designated by the Philippines, four were▓ appointed by Shunji Yanai, former▓ president of the International Tribunal for the Law of the Sea (ITLOS).Rightist, ▓hawkish, close to Japanese Prime Minister Shinzo Abe, pro-American, unfriendly to China ... these are the ta▓gs that people often associate with Yanai.Observers said it was no strange that The Hague-based tribunal handling the South China Sea arbitration case unilaterally i

niti▓ated by the former Philippine government issued an ill-founded award on Tuesday and denied China's long-standing historic right▓s in the South China Sea.A DIPLOMAT STEPPING DOWN AMID SCANDALYanai came from a diplomatic family in

it as Chairw▓

  1. oman of NLD and met
  2. with President Xi Ji
  • nping. They opened
  • a new chapter in bila
teral relations,
which boosted positive
energy.Dur▓ing Xi
's meeting with Suu Kyi

on Aug.19, h

Japan. His father, a g▓raduate from Tokyo University, had worked▓ for the Japa

e said

Beijing sta

nds ready to

work with

ake for good

neighbors, go

raduation, followin▓g his father's steps.The younger Yanai bec▓ame Japanese ambassador to the United States ▓in 1999."As a senior official in the Japanese g▓overnment Mr. Shunji Yanai is a rare breed. ▓He is ... bold and sometimes controversial, and somehow gets away with things t▓hat would most likely cost someone else his career," said Fumiko Halloran in his review of Yanai's book titled "Rapid Ch▓anges in Diplomacy."Yanai had to

leave the For



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